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U.S. Households Burdened by Record $18.2 Trillion Debt

6/22/2025

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Summary

Story summary

American households now face a staggering $18.2 trillion in debt, with rising delinquencies.
Debt collection calls have skyrocketed by over 150% in Q1, particularly in Georgia and Atlanta.
A significant 80% of debt collection calls are reported as abusive or threatening, involving both legitimate collectors and scammers.
The average debt per American has reached $61,660, largely driven by auto loans.

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Story summary

American households now face a staggering $18.2 trillion in debt, with rising delinquencies.
Debt collection calls have skyrocketed by over 150% in Q1, particularly in Georgia and Atlanta.
A significant 80% of debt collection calls are reported as abusive or threatening, involving both legitimate collectors and scammers.
The average debt per American has reached $61,660, largely driven by auto loans.